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7 January 2025 | 13 replies
Hiring a lawyer sounds expensive, but it is way cheaper than hiring a amateur (in this case yourself) who costs you money and provides no results (and then you need to hire a professional anyway).My personal philosophy is to "do it right, or do it twice" and its way cheaper to do it right once.
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22 January 2025 | 0 replies
Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.
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22 January 2025 | 0 replies
How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.
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21 January 2025 | 6 replies
Currently scheduled to close on my first triplex next month and excited to connect with other RE professionals in the area to help me along.
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19 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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22 January 2025 | 5 replies
FidelFidel,When I saw your question I got interested as most Canadian investors are rather running away (or pausing) from investing in RE in Canada.But to help in your journey, here's what I can share mostly from either my personal experience or discussion with relevant professionals.
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19 January 2025 | 11 replies
I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?
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22 January 2025 | 9 replies
I avoid investing in rough neighborhoods because I am a professional.
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17 January 2025 | 19 replies
Such actions are wholly unacceptable and should not be tolerated within any professional environment.The discrepancies between the program's marketing claims and the actual conduct of its top students, as exemplified by Kristin Witherspoon, are deeply troubling.
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24 February 2025 | 72 replies
I love how you’ve integrated the lessons from The Fountainhead and Frank Lloyd Wright into your personal and professional journey, especially as you pursue both beautiful design and a growing real estate portfolio.Your ambition to scale up to $20M and beyond is exciting, and I’m sure with your drive, experience, and passion for architecture, you’re on the right path.